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Time based workflow for lead status updation


I have a requirement that if lead status is not updated for 90 days, status should be automatically updated as  Inactive and notification should be sent. . How can we achieve this
You can achieve this using time based action on workflow rule, Time trigger can only take values from Date/ Datetime fields so you can create a formula field to popolate the date of status modification as in your case last modified date field won't help as someone can modify the record but they haven't modified or updated status. Let me know if it helps.

i dont think time trigger works , as when one record is in queue of the time trigger and someboby updates the status , the trigger will fire after 90 days because of the record in the queue which is not correct.